The FINANCIAL — Sinceproviding Georgian students withthe opportunity to study in the UK, Bank of Georgia has decided to strengthen its U.S.-Georgian educational links. The Bankis now offering the Fulbright Scholarship, which is the U.S. Government’s premier scholarship programme.The Fulbright Program supports the study of a Master’s degree programme at a U.S. university in all disciplines, including business administration. The Bank will sponsortwo students’ studies in the United States starting in the autumn of 2015.
Bank of Georgia is the first private company in Georgia to havelauncheda partnership with the U.S. Embassy in Georgia in order to offer the Fulbright Program for two more candidates.
The Fulbright Graduate Student Program supports study in a Master’s degree programme at a U.S. university in all disciplines—including business administration. The Fulbright Scholarship is one of the most prestigious scholarships offered by the U.S. Government. The recruitment of candidates for the Fulbright Graduate Student Program is based on an open competition conducted by the Public Affairs Section at the U.S. Embassy in Tbilisi.
The Fulbright Program yields some of the greatest peace dividends. Among its alumni are 29 former heads of state or government, 53 Nobel Prize winners, and 80 Pulitzer Prize winners from all regions of the world.
“Fulbright is the U.S. Government’s premier scholarship programme. We provide a number of scholarship programmes at the undergraduate level, at graduate level, as well as for Master’s degree programmes. The U.S. and Georgian governmentstogether support six candidates. Thanks to Bank of Georgia now an additional two students will be able to study at graduate level in the United States at premier U.S.universities, without having to pay for tuition themselves. We see this as part of our joint investment in education in Georgia and Georgia’s economic development and future,” said Richard Norland, U.S. Ambassador to Georgia.
“Education is key for the success and economic development of Georgia,” said Norland.
“I am optimistic that other companies will also follow the initiative of the Bank,” he added.
“In cooperation with Georgia people have identified a strong interest in studies and the fields of science and technology, engineering and maths. These are the areas that are going to get the most attention both through our MCC programme and some of the Fulbright graduate level programme,” Norland told The FINANCIAL.
Bank of Georgia annually invests over GEL 0.5 million in education. Recently the Bank has supported two scholars through the UK-based Georgia Chevening Programme.
“Education abroad is a huge opportunity for Georgian students to participate in the process of globalization and develop new vision,” said Irakli Gilauri, CEO of Bank of Georgia.
“The support of education is an important priority for the Bank. We have implemented a number of activities in regard to this. By offering scholarships in Georgia or abroad we aim to offer the best education to more people,” said Gilauri.
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